We draw attention to the following news release issued by Textainer Group Holdings Limited, in which Trencor has a 48,1% beneficiary interest:

"Hamilton, Bermuda - (Business Wire) - July 15, 2014 - Textainer Group Holdings Limited (NYSE: TGH)("Textainer", "we", and "our"), the world's largest lessor of intermodal containers based on fleet size, today announced today announced that Textainer Marine Containers II Limited ("TMCL II"), an indirect, wholly-owned subsidiary of the Company, entered into an amendment to extend its $1.2 billion warehouse securitization facility incorporating a three-year revolving period and also lowering the interest rate on the facility to 1.70% over LIBOR during the new revolving period. If the facility is not refinanced or renewed following the three-year revolving period that ends in September 2017, the facility is structured to partially amortize over the following four years and then mature. Previously the facility had a two-year revolving period and was priced at 1.95% over LIBOR. The Company also lowered the facility's unused fee and improved other terms.

"We are pleased with the refinancing of this sizable securitization facility at very favorable rates and improved terms. Textainer is the first container lessor to establish a 3- year revolving period on a warehouse facility. This facility will provide us with continued liquidity and flexibility, enabling us to competitively meet our customers' container leasing needs," commented Hilliard C. Terry, III, Textainer Executive Vice President and Chief Financial Officer. "We continue to implement strategies to reduce funding costs and exercise leadership on the financing front. We will look for additional ways to benefit from the low interest rate environment, while improving our competitive position."